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HEXTAR GLOBAL BERHAD — Earnings Release 2026
May 17, 2026
70698_rns_2026-05-17_222347a2-bf2e-4c63-b311-c2f649c1ff92.pdf
Earnings Release
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Hexar
FOR IMMEDIATE RELEASE
HEXTAR GLOBAL BERHAD REPORTS RESILIENT Q1 FY2026 PERFORMANCE AND PROPOSES TREASURY SHARE DIVIDEND
Kuala Lumpur, May 18, 2026 - Hextar Global Berhad (“Hextar” or the “Group”) today announced its financial results for the first quarter ended 31 March 2026 (“Q1 FY2026”), delivering resilient profitability amid softer revenue contribution from the Specialty Chemicals segment.
For the quarter under review, the Group recorded revenue of RM196.2 million compared to RM238.5 million in the corresponding quarter of the previous year, representing a decrease of RM42.3 million or 17.7%. The decline was primarily attributable to lower sales contribution from the Specialty Chemicals segment due to order delays. Nevertheless, the decrease was partially mitigated by stronger contributions from the Agriculture and Fruits segments, which improved by RM8.3 million and RM18.9 million respectively.
The Group reported a profit before taxation (“PBT”) of RM20.3 million for the current quarter, compared to RM26.7 million recorded in the corresponding quarter last year. The reduction was mainly due to weaker contribution from the Specialty Chemicals segment. However, this was partially offset by improved profitability from both the Agriculture and Fruits segments.
Profit after taxation attributable to owners of the Company increased to RM14.3 million compared to RM13.5 million in the corresponding quarter of the previous year, representing an increase of 5.7%, supported by improved operational performance from the Agriculture and Fruits businesses.
As at 31 March 2026, the Group’s total assets stood at RM838.3 million, while shareholders’ equity attributable to owners of the Company strengthened to RM264.6 million. The Group also maintained positive operating cash flows of RM26.0 million during the quarter, reinforcing its liquidity position and supporting ongoing operational requirements.
During the quarter, the Company repurchased 15.5 million of its own shares for a total consideration of RM12.9 million, reflecting management’s confidence in the Group’s long-term fundamentals and commitment to enhancing shareholder value. As at 31 March 2026, the Company held a total of 86.6 million treasury shares with a carrying amount of RM50.7 million.
In line with the Group’s continued commitment to reward shareholders, the Board of Directors has proposed an interim share dividend for the financial year ending 31 December 2026 by way of distribution of treasury shares on the basis of two (2) treasury shares for every one hundred (100) existing ordinary shares held by shareholders whose names appear in the Record of
Depositors on 4 June 2026. The treasury shares will be credited into the entitled depositors’ securities accounts maintained with Bursa Malaysia Depository Sdn Bhd on 30 June 2026.
Commenting on the results, Madam Lee Chooi Keng, the Group Managing Director of Hextar Global Berhad, said the Group’s Q1 FY2026 performance demonstrated the resilience of its diversified business platform despite ongoing market challenges and softer contribution from the Specialty Chemicals segment.
She added that the Agriculture segment continued to benefit from stable demand for agrochemical products, while the Fruits segment recorded stronger contribution supported by improved durian sales and operational performance. The Group will continue to prioritise operational efficiency, prudent cost management and disciplined working capital management across all business segments.
“The proposed treasury share dividend also reflects the Board’s confidence in the Group’s long-term prospects and commitment to delivering sustainable value to shareholders,” she added.
Looking ahead, the Agriculture segment is expected to remain supported by ongoing demand for agricultural inputs, while the Group continues to focus on product innovation, operational efficiency and sustainable solutions. The Specialty Chemicals segment is expected to deliver stable performance, supported by demand from industrial and manufacturing sectors, although global economic uncertainties and order timing may continue to affect short-term performance.
In line with the Group’s strategy to strengthen its Agriculture platform, the proposed acquisition of the fertilisers business remains in progress and is expected to complement the Group’s agrochemical business through product expansion, operational synergies and cross-selling opportunities.
About Hextar Global Berhad
Established in 1990, Hextar Global Berhad (“Hextar” or “the Company”) is one of the largest agrochemical companies in Malaysia and is listed on the Main Market of Bursa Malaysia Securities Berhad. Hextar’s core competencies include manufacturing, research & development and commercialization & marketing of over 700 product registrations. The Company, through its subsidiaries, is also involved in the manufacturing, marketing and trading of specialty chemicals, industrial automation, Biogas systems as well as durian processing business. The Company’s headquarters is located in Klang, Malaysia. It also operates 6 manufacturing plants across Peninsular Malaysia and a manufacturing plant located at Indonesia.
For more information, please visit our website at www.hextarglobal.com